Nanya New Material Plans to Secure RMB 900 Million via Private Placement to Fund AI Computing Power-Driven Copper Clad Laminate Initiative
2026-01-04 / Read about 0 minute
Author:小编   

Nanya New Material has outlined plans to issue up to 70.4313 million A-share stocks to targeted investors, aiming to raise a maximum of RMB 900 million. Out of this fundraising, RMB 740 million is earmarked for the research, development, and commercialization of advanced, high-frequency, and high-speed copper clad laminates tailored for AI computing applications. The remaining RMB 160 million will be allocated to bolster working capital. Currently, the company's existing production lines pose limitations on large-scale production. The envisioned project will entail the establishment of state-of-the-art production lines, designed to fulfill customer requirements and elevate the company's core competitive edge.